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The Growing Market Clout of Evangelicals

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The Economist reports that mainstream corporate America has recently discovered the immense market clout of Evangelical Christians and is starting to pay more attention to this hitherto neglected market segment. A couple of interesting facts from the article:Christian radio has seen its market share expand from 2.2% in 1999 to 5.5% today. The Association of American Publishers reports that the market for religious books grew by 37% in 2003. The definition of religious books is vague--but religious publishing is undoubtedly growing much faster than the industry as a whole.Even if the religious bit of the media industry is still relatively small, it accounts for a disproportionate share of the "mega-hits". The Left Behind series of novels on the end of days has brought in $650m. Bantam Dell, a mainstream publisher owned by Germany's Bertelsmann, has reportedly paid Tim La Haye an advance of $45m for the next series. The...

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